Swiss Re Ltd. (OTCMKTS:SSREY) Given Consensus Rating of “Reduce” by Analysts

Swiss Re Ltd. (OTCMKTS:SSREY) has been assigned a consensus recommendation of “Reduce” from the nine research firms that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating on the company.

SSREY has been the topic of a number of recent research reports. UBS Group cut shares of Swiss Re from a “neutral” rating to a “sell” rating in a report on Thursday, May 21st. Citigroup reaffirmed a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th.

Swiss Re Stock Up 0.3%

Shares of Swiss Re stock opened at $36.85 on Tuesday. The firm’s fifty day simple moving average is $40.07 and its 200-day simple moving average is $40.91. Swiss Re has a 12 month low of $36.01 and a 12 month high of $48.62. The company has a quick ratio of 39.12, a current ratio of 39.12 and a debt-to-equity ratio of 0.32.

Swiss Re Company Profile

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.